Why You Should Have an eWallet if You Don’t Have One Already

eWallets are becoming a major asset to both business owners and consumers. The reason for this trend is that eWallets allow consumers and business owners to connect these eWallets to their bank accounts and facilitate efficient transactions. What is remarkable about eWallets is that they are available during non-traditional banking hours and even have become available in other countries. For the consumer or business owner that wants to shop, transfer money or pay their bills by using eWallets, they absolutely can. By doing so, they will also save time and money in the process. Here are the fundamental concepts to understand about eWallets:

What is an eWallet Exactly?

eWallets fill in the void that the online consumer had previously regarding always having to enter their information into every transaction they were conducting on the Internet. Where eWallets are particularly helpful is that they provide an additional security in the consumer has a verification stage where they enter their credit card number and contact details before making a purchase. eWallets are essentially the middle man in a transaction that create instant purchasing transactions for consumers to enjoy around the globe. eWallets have also become ideal ways to send money to friends and family electronically, which has eliminated the need many times to take out cash from an ATM.

The Biggest Perks of Having an eWallet

eWallets have opened up a whole other way of spending and transferring money that did not exist in prior years. Some of the major players in the industry are companies such as iDebit, Instadebit, and iDeal that have been particularly amongst Canadian consumers. Additional eWallet companies that have become quite popular on the global scale are PayPal and TransferWise. What all of these companies have in common is an added efficiency to transferring money that did not exist ten years ago between individuals both domestically and abroad.

Where eWallets truly benefit consumers is their direct connectivity to the consumer’s bank account without giving their financial information to the plethora of merchants that they will be spending money with. For this reason, it is very both convenient and safe for consumers to use. Another benefit to consumers that use eWallets is that they can purchase a great deal more on the Internet than ever before because many Internet websites are opening up their doors to potential spending with eWallets. This is allowing merchants to enter into a new sector of global international commerce that did not exist previously.

Disadvantages Associated with eWallets

Granted eWallets are truly a revolutionary change to how we buy and receive money for transactions. That being said, eWallets still have a long way to go before they are perfect. Some examples that are quite frustrating for consumers to deal with is that it is quite difficult to contact these companies in the event of a customer service issue. Companies such as PayPal are notorious for having nearly impossible customer service phone call wait times. Another issue with PayPal is that they are almost too secure in that if an individual is buying and selling in many different countries, they close down their account frequently, which creates a very annoying situation in that the customer has to contact them regularly almost before any major transaction. Until more advanced features are available for eWallets to track transactions, this will be a major downfall for companies such as PayPal.

Another issue with companies such as PayPal and TransferWise is the high fee that they charge between exchange foreign currencies. Particularly relating to PayPal, PayPal has possessed a great deal of success with their PayPal Global feature that allows expats to get their earnings out of China, for example; however, there is a very low daily transfer limit coupled with a very high fee. For this reason, the expat would have to transfer several times and pay triple or quadruple the rate should they need to transfer money in excess of $500 out of the country or pay merchants abroad.

Concluding Remarks on the Subject

In sum, eWallets are no doubt a revolutionary addition to the current financial landscapes. There is an absolute certainty that these eWallets will be around in the future; however, they still have little ways to go in connecting individuals and markets essentially. As we as a global society approach the inclination to connect markets and currencies more than ever before, eWallets will absolutely be the pioneers in this sense of finding ways to safely and efficiently spend regardless of where one resides in the globe. Where eWallets need to improve is in how consumers can resolve disputes and/or customer service issues while working with these companies. As it stands now, consumers lose their funds for several business days, which does not promote efficiency for global commerce. Once eWallets sort out this glitch, they will become even more effective and trustworthy ways to buy and sell goods all over the globe.

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Five Home Office Design Tips That Inspire Productivity

With droves of workers ditching the nine-to-five grind in pursuit of something more flexible, now more than ever you should consider the importance of a well-designed home office.

After all, working from home may seem like a luxury; however, the freelance lifestyle can be tricky to handle for newcomers due to the sheer wealth of distractions.

Emails. Phone calls. The doorbell. You name it.

Likewise, those working from home may also struggle with feelings of isolation and boredom from being cooped up indoors. You can quickly burn yourself out if you aren’t productive and ensuring that your office nurtures a “get it done” mentality versus one that simply wastes your time.

If you’re looking to crack the proverbial whip and design a home office that actually nurtures your creative, hardworking spirit, consider the following tips as a starting point.

Let There Be Light (or Lack Thereof)

Again, it’s natural to feel isolated when you’re flying solo and working from home. It’s crucial that you remind yourself that the outside side world is alive and well, so consider letting some light into your workspace. Solutions such as bamboo blinds can give your space a sense of style and make your office seem less like a cave.

On the flip side, you may find that your space gets a little too much love from the sun during the day. That’s why blinds are an absolute must for any home office space: you can let in as much or little light as you see fit. Either way, try to give yourself as least some exposure to the sun throughout the day for the sake of your mental health.

Control the Thermostat

Conventional wisdom tells us a warmer work climate fosters productivity, so keep that in mind as you adjust your thermostat while you work. Conversely, you should perhaps invest in an office fan if you find yourself sweating up a storm during the summer months if necessary. Simply keep in mind that if something feels “off” in terms of your office productivity, the temperature may very well bet he culprit.

Set the Appropriate Tone

No two jobs are created equal: likewise, comparing the office spaces of a graphic designer and mortgage broker is like comparing apples and oranges. Regardless of the scope your work, make sure that your workspace fosters creativity and establishes your own sense of personality. For example, you may opt for a bold, black-and-white themed space for a sense of professionalism that reminds you that your home office is a place of work rather than play.

Remove Any and All Clutter

That being said, clutter is surefire productivity killer. Take pride in your workspace and keep it tidy. If something is in your office that isn’t related to your line of work, such as personal knick knacks or odds and ends that you’ve been storing in your office space, it may be time to move those items out.

Rethink Your Desk

Many works are seeing huge returns through standing desks which work to help them focus: on the flip side, perhaps a comfier, high quality desk and chair combination is in order for maximum comfort while you chip away at your workload. Regardless, you should find a balance between comfort and productivity to avoid sitting for too long.

At the end of your day, your home office represents your personal space to get down to business. Instead of business as usual, consider how you can revamp your space for a more productive lifestyle.

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What Are the Best, Post-Election Investment Vehicles

While Donald Trump’s surprise election victory may have taken the financial markets by storm, the initial burst of volatility that gripped the Dow Jones and S&P quickly subsided within 24 hours of Hilary Clinton’s muted concession. This does not mean that volatility will not return to the global markets once Trump is unveiled in the Oval Office on January 20th, 2017, however, while Trump’s unique standing as a businessman rather than a politician means that the economy will head into uncharted and uncertain territory under his stewardship.

3 of the Best Post-Election Investment Models

This is no help to investors, of course, who must look to negate the uncertain climate and continue to trade profitably. With this in mind, here are three of the best post-election investment vehicles that are worth considering: –

  1. High Value Stocks Such as Apple

As a billionaire and global real estate tycoon, it is little surprise that Trump is committed to reducing the impact of corporation tax on American businesses. Under his relatively vague and yet-to-be-confirmed plan, no company of any size would pay more than 15% of their total income in taxes, creating the single largest revolution since the tenure of Regan.

Not only would this discourage firms from deferring their taxes abroad, but it would also earmark high value stocks such as Apple and Google as viable investment options. Even dividend investment would become more lucrative, with blue chip companies like Coca Cola likely to experience consider share price hikes as a result.

  1. Global Stock and Bond Index Funds

If there is one thing that investment management firms constantly preach, it is the importance of diversification. This not only applies to the assets an derivatives that you back, however, as Trump’s election win may also herald a unique opportunity expand into global stock and bond index funds.

Despite Trump’s apparent stance against globalisation, this is a process that will continue throughout the US and incorporating international funds such as the iShares Global 100 ETF can help you to capitalise on this. This will deliver both short and long-term gains, which is a considerable benefit in such an uncertain marketplace.

  1. Corporate Bonds

With the stock market likely to continue to suffer from at least some form of short-term volatility, you may also want to turn your attention to the safe haven of corporate bonds in 2017. These assets always tend to perform well when stocks are declining, while they offer a genuinely secure source of wealth that are ideal for long-term investment plans. Make sure you know what to expect from these bonds though. A good law firm, such as Withers Worldwide, will provide advice on which bonds you are eligible to buy, as well as what to do if you feel a company has not kept their side of the deal. Bonds don’t always pay big, but they can provide you with stable growth over several years.

Make no mistake; a five year corporate bond will add considerable depth to your portfolio and help to secure your capital during Trump’s inauguration. This is a key consideration, particularly as there are still considerable gaps in knowledge concerning the incoming President’s precise manifesto and economic plan.

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